In 2020, economists David Hope and Julian Limburg analyzed data from 50 years of trickle down economics in multiple countries and demonstrated that tax cuts to the rich only benefit the rich. It drives inflation and income inequality. The money does not go back into the economy. It does not trickle down to the working classes. In fact, the opposite holds true. When the working classes have money, there is a trickle up effect. The few that are super wealthy should not be rewarded for decreasing the quality of life for the masses.
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